24 December 2006

Yes, oil from Venezuela

"In spite of the fact that heating oil prices have doubled over the past few years, the federal fuel assistance program faces a one-third cut this year, from $3.1 billion to $2.1 billion. Washington earns windfall tax revenues from the rising prices of petroleum products, but not a cent goes to offset rising energy costs for the poor. Nor do the poor benefit from increased royalties on gas and oil taken from federal lands and waters -- if, in fact, the energy companies pay the government at all." click title for article

No comments: